For the long time the phenomenon Land Grabbing has gained immense importance in the public discussions. A significant increase in purchase and lease of large areas of fertile land in countries of Sub-Saharan Africa, Asia and South America by foreign investors has caused substantial social, economic, and political changes in these target countries. The goal of this work is to enhance understanding of the Land Grabbing problem as well as to investigate its deep consequences. The Capability Approach, written by Amartya Sen, Nobel laureate in Economic Sciences, and Martha Nussbaum, is used as a foundation and analytical tool to observe, analyze and evaluate the problem Land Grabbing, from a multidimensional perspective. Sen tried to give an alternative method how to measure a development in addition to the economic growth and welfare. Capability approach also contains categories of individual development and justice. This approach is envisioned as an open "framework of thought" not a traditional closed theory. Therefore, the additional objective of this work is to examine the application of the Capability Approach on Land Grabbing. This work will reveal the extent of the applicability of Capability Approach as a valid method in assessing Land Grabbing problem. It will also demonstrate that Land Grabbing causes the eviction of local population, the loss of livelihood, destruction of natural resources, etc. According to the Capability Approach, one of the most important impacts of Land Grabbing is to abbreviate the possibility to affirm an individual or groups affected by Land Grabbing and their capabilities. These consequences of Land Grabbing for the local population indicate that a change in circumstances is necessary, and that the principles of the Capability Approach and Human Development are suitable as a guide to change the current situation.